DSIC and CSE Attained AiP Certificate For Methanol-Fueled VLCC Design
The methanol-fuelled VLCC design from Dalian Shipbuilding Industry (DSIC) and Cosco Shipping Energy Transportation has obtained AiP certificate from the classification societies of CCS and DNV, says an article published in Seatrade Maritime News.
About...
Weekly Bulk Report – Week 7, 2022
The Baltic Exchange has released a report about the dry bulk market for the 7th week of shipping activities of this year. The report dated 18th February highlights the dry bulk market conditions at...
Reinstatement Of SENER Rule Puts Fuel Importers In Hard Times
Market observers told S&P Global Platts most participants are exposed to the regulation.
Another worrisome element in the regulation is that the Energy Secretariat, or SENER, has greater discretion to cancel permits, said...
Giant Donut-Shaped Machine Generate Record-Breaking Fusion Energy
There's no silver bullet to the climate crisis, but nuclear fusion may be.
Nuclear fusion is, as its name suggests, the fusing of two or more atoms into one larger one, a process...
Work Begins On World’s First Underwater Data Center
Work has begun on the world's first commercial underwater data center.
The project leader, Highlander, has previously conducted trials of data center equipment running in an underwater cabin.
Highlander signed contracts in January...
BIMCO COVID19 Weekly Report – 18 February 2022
This BIMCO COVID 19 weekly report for the week ending 18 February covers the International Maritime Organization (IMO), Fiji and the latest from the World Health Organization (WHO).
Every week, BIMCO summarises measures imposed by...
Ningbo Containerised Freight Index
Weekly composite index covering 20ft, 40ft and Hi Cube box rates says an article published in Baltic Exchange.
Ningbo Shipping Exchange
Route
2022-2-18
2022-2-11
Weekly change (%)
Ningbo - Europe
5588.67
5624.00
-0.63
Ningbo - West Mediterranean
5620.09
5602.45
0.31
Ningbo - East Mediterranean
4475.55
4465.37
0.23
Ningbo - Middle East
3257.35
3436.35
-5.21
The weekly Ningbo...
JPMorgan Believes Metaverse Represents A $1 Trillion Annual Opportunity
JPMorgan is the first bank to set up a metaverse office.
Luxury brand Gucci has purchased land on the same platform to develop a space to host "immersive experiences" and offer digital fashion...
Weekly Tanker Report – Week 7, 2022
The Baltic Briefing has issued the tanker report for the 7th week of this year. The report dated 18th February 2022 provides valuable insight into this week’s tanker market dealings, freight rates, and charter activities.
VLCC
There...
[Watch] 22 Crew Rescued From Ship After Fire On Board
Felicity Ace, the 6,400 CEU car carrier operated by Japanese shipping major MOL, caught fire while crossing the Atlantic Ocean near Faial Island in the Azores.
The navy sent rescue teams involving its patrol ship NRP Setúbal...